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Mar 15 2017
News
Ryan cooks up new plan on Trumpcare to try to sweeten the pot for restless Republicans
One of the more ridiculous knocks on the Congressional Budget Office's score of Trumpcare is that the score is so bad because it didn't consider that there were going to be two more "prongs" of reform, one legislative and one regulatory. Neither had been written down on paper, so it would have been pretty impossible for CBO to evaluate them. So to try to soften the blow of that dismal CBO
Daily KosMar 14 2017
News
Spin machine on Trumpcare takes off as Ryan, White House go in different directions with their lies
The Congressional Budget Office score on Trumpcare was a cold dash of water thrown onto Republicans trying to ram through repeal, whether they admit it or not. The bottom line is really, really, bad—14 million losing insurance in the first year and 24 million in the next 10 years. House Speaker Paul Ryan chose not to admit it in his response, saying the CBO confirmed what he wanted it to, and
Daily KosSep 11 2018
News
Federal deficit soars 32 percent to $895B
The federal deficit hit $895 billion in the first 11 months of fiscal 2018, an increase of $222 billion, or 32 percent, over the same period the previous year, according to the Congressional Budget Office (CBO).
The HillFeb 06 2014
Opinion
Obamacare doesn't kill jobs
Aaron Carroll says the claim that the CBO projects millions of job lost because of Obamacare is wrong.
Aaron CarrollMay 20 2020
Opinion
Trump’s economy is a disaster
The Congressional Budget Office on Tuesday released its economic projections for the remainder of 2020 and for 2021. “CBO estimates that real (inflation-adjusted) gross domestic product (GDP) will contract by 11 percent in the second quarter of this year, which is equivalent to a decline of 38 percent at an annual rate. In the second quarter, the number of people employed will be almost 26
Jennifer RubinJun 01 2023
Perspectives Blog
Party Leaders Race to Pass Debt Ceiling Deal as Default Looms
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The House of Representatives voted 314-117 in favor of a deal to suspend the debt ceiling and cut spending Wednesday night in a bipartisan vote.
For Context: President Joe Biden and Speaker Kevin McCarthy (R-CA) struck a deal over the weekend that would avert a debt default
AllSides StaffApr 01 2022
News
Senate finalizing $10 billion deal on coronavirus aid
Senators are finalizing an agreement to provide $10 billion in new coronavirus aid as they race to try to pass a bill before a two-week break set to start in days.
Senators negotiating the deal signaled that they were close to a finalized agreement, but said they were still ironing out legislative text, waiting for an analysis from the Congressional Budget Office (CBO) and haggling
The HillMay 05 2020
News
The Staggering Cost of the Pandemic Goes Beyond Economic Relief Bills
The coronavirus pandemic and economic shutdown have induced Congress to spend whatever it takes to fund the health system and keep the economy afloat. Now we are starting to see just how overwhelming those costs are going to be.
My models estimate that the 2020 federal budget deficit—just the deficit—will top $4.2 trillion. To put that figure in context, last year the entire federal
The Dispatch